XAGUSD is showing a strong bullish move today, above 5%. RSI is at 62.9, which suggests it's not yet overbought. I'm watching to see if it can break past the 200-day SMA around 78.57. If it does, we could see further upside.
@shwetagamer Good call on the 200-day SMA. If XAGUSD can bust through that, it's Katy bar the door! I'm seeing strong support around the 79.50 level too. Let's hope it holds if we get a dip. Otherwise, might be time to re-evaluate my options strategy.
